Service Payments. Subject to the direction and control of the Board of Trustees as set forth in the Plan, the Fund shall make Service Payments to Qualified Recipients pursuant to instructions by the Distributor, either directly to the Distributor or, as instructed, through the Distributor or shareholder servicing agent to other Qualified Recipients. The amounts, sources and purposes of the Service Payments shall be subject to the restrictions set forth in the Plan. To the extent that Service Payments are made directly to the Distributor, the Distributor acknowledges that such payments are intended as compensation for the Distributor’s services as contemplated by the Plan and undertakes to provide such services. Part III
Appears in 10 contracts
Samples: Shareholder Services Agreement (Aquila Municipal Trust), Shareholder Services Agreement (Aquila Municipal Trust), Shareholder Services Agreement (Aquila Municipal Trust)
Service Payments. Subject to the direction and control of the Board of Trustees as set forth in the Plan, the Fund shall make Service Payments to Qualified Recipients pursuant to instructions by the Distributor, either directly to the Distributor or, as instructed, through the Distributor or shareholder servicing agent to other Qualified Recipients. The amounts, sources and purposes of the Service Payments shall be subject to the restrictions set forth in the Plan. To the extent that Service Payments are made directly to the Distributor, the Distributor acknowledges that such payments are intended as compensation for the Distributor’s Distributor"s services as contemplated by the Plan and undertakes to provide such services. Part III.
Appears in 4 contracts
Samples: Shareholder Services Agreement (Aquila Narragansett Insured Tax Free Income Fund), Shareholder Services Agreement (Tax Free Fund for Utah), Shareholder Services Agreement (Aquila Narragansett Insured Tax Free Income Fund)
Service Payments. Subject to the direction and control of the Board of Trustees as set forth in the Plan, the Fund shall make Service Payments to Qualified Recipients pursuant to instructions by the Distributor, either directly to the Distributor or, as instructed, through the Distributor or shareholder servicing agent to other Qualified Recipients. The amounts, sources and purposes of the Service Payments shall be subject to the restrictions set forth in the Plan. To the extent that Service Payments are made directly to the Distributor, the Distributor acknowledges that such payments are intended as compensation for the Distributor’s 's services as contemplated by the Plan and undertakes to provide such services. Part III.
Appears in 2 contracts
Samples: Shareholder Services Agreement (Aquila Three Peaks High Income Fund), Shareholder Services Agreement (Tax Free Fund of Colorado)
Service Payments. Subject to the direction and control of the Board of Trustees as set forth in the Plan, the Fund Trust shall make Service Payments to Qualified Recipients pursuant to instructions by the Distributor, either directly to the Distributor or, as instructed, through the Distributor or shareholder servicing agent to other Qualified Recipients. The amounts, sources and purposes of the Service Payments shall be subject to the restrictions set forth in the Plan. To the extent that Service Payments are made directly to the Distributor, the Distributor acknowledges that such payments are intended as compensation for the Distributor’s Distributor"s services as contemplated by the Plan and undertakes to provide such services. Part III.
Appears in 2 contracts
Samples: Shareholder Services Agreement (Hawaiian Tax Free Trust), Shareholder Services Agreement (Tax Free Trust of Arizona)
Service Payments. Subject to the direction and control of the Board of Trustees as set forth in the Plan, the Fund shall make Service Payments to Qualified Recipients pursuant to instructions by the Distributor, either directly to the Distributor or, as instructed, through the Distributor or shareholder servicing agent to other Qualified Recipients. The amounts, sources and purposes of the Service Payments shall be subject to the restrictions set forth in the Plan. To the extent that Service Payments are made directly to the Distributor, the Distributor acknowledges that such payments are intended as compensation for the Distributor’s Distributor?s services as contemplated by the Plan and undertakes to provide such services. Part III.
Appears in 2 contracts
Samples: Shareholder Services Agreement (Aquila Rocky Mountain Equity Fund), Shareholder Services Agreement (Aquila Cascadia Equity Fund)
Service Payments. Subject to the direction and control of the Board of Trustees as set forth in the Plan, the Fund shall make Service Payments to Qualified Recipients pursuant to instructions by the Distributor, either directly to the Distributor or, as instructed, through the Distributor or shareholder servicing agent to other Qualified Recipients. The amounts, sources and purposes of the Service Payments shall be subject to the restrictions set forth in the Plan. To the extent that Service Payments are made directly to the Distributor, the Distributor acknowledges that such payments are intended as compensation for the Distributor’s services as contemplated by the Plan and undertakes to provide such services. Part III.
Appears in 2 contracts
Samples: Shareholder Services Agreement (Aquila Municipal Trust), Shareholder Services Agreement (Aquila Municipal Trust)
Service Payments. Subject to the direction and control of the Board of Trustees as set forth in the Plan, the Fund Trust shall make Service Payments to Qualified Recipients pursuant to instructions by the Distributor, either directly to the Distributor or, as instructed, through the Distributor or shareholder servicing agent to other Qualified Recipients. The amounts, sources and purposes of the Service Payments shall be subject to the restrictions set forth in the Plan. To the extent that Service Payments are made directly to the Distributor, the Distributor acknowledges that such payments are intended as compensation for the Distributor’s 's services as contemplated by the Plan and undertakes to provide such services. Part III.
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